u/SubstanceLogical8420

Author argues Coal India's NCL subsidiary posted a sharp production and dispatch rebound (production +67%, supplies +75%, railway loading from 19 to 41 rakes/day) as water cleared, with 87% of coal going to power plants in UP, MP and Rajasthan where demand is strong. The market overreacts to the rainy season and ignores this immediate bounce-back, leaving the stock undervalued at ~8.5 P/E with a 6.1% dividend yield. Catalyst is the official Q2 earnings; main risk is the seasonal monsoon disruption the author says the market overweights.